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Wednesday, April 9, 2025

Asia Market Movers: Risk sentiment to stay weak in near term; yen may strengthen further

Risk sentiment to stay weak in near term; yen may strengthen further

Investor risk appetite is expected to remain subdued in the near term, according to Hirofumi Suzuki, chief FX strategist and head of Treasury Research at SMBC. reciprocal U.S. tariffs fully in effect... 

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Wall Street Journal's Timiraos on the Federal Reserve: "They are in a no-win situation"

Notable Fed watcher Nick Timiraos' latest in the Wall Street Journal: Trump's Tariffs Put Fed Chair Powell in a 'No-Win Situation' The Journal is gated, but his tweet is a good summary of the main poi... 

Reserve Bank of New Zealand cuts rate by 25bp, as widely expected

Reserve Bank of New Zealand Monetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 3.75%. If economic conditions continue to evolve as projected, the Committee h... 

ex-JPMorgan's Kolanovic: Market turmoil unprecedented, Fed response unusually muted

Views from Marko Kolanovic. He says on the current market crisis, calling it unlike anything he's witnessed in decades of experience spanning the Greenspan, Bernanke, Yellen, and Powell eras of the Fe... 

Counting down, less than 3 hours to go: US Imports from China face 104% tariff at midnight

Trump is set to impose a 104% tariff on Chinese goods starting Wednesday at 12.01am US Eastern time. the 104% is serviced from his 545% tariffs on China plus his added 50% in retaliation for China's p... 

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Latest Forex Orders

FX option expiries for 8 April 10am New York cut

There aren't any major expiries to take note of, at least ones closer to the current spot levels. In any case, trading sentiment in times like these are much more reliant on the risk mood and more imp... 

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